Posted on 10 March 2010 by The Don
This March’s economic outlook is going to be a look at some of the various states out there but also some of the people’s perspectives in those states. As you may have read in our earlier article about which states were recession proof, the world is very different based on which state you live in, the post effects of the recession vary, and the level of recovery will also be tremendously different.
So which states are best and what are people feeling?
Posted on 16 February 2010 by The Don
Its already mid month and we wanted to bring you the latest economic outlook prior to the month ending as many things are now on going in the economy and in the world of politics that are directly related to our economic future. Here is a brief outlook before we deep dive into the real breakdown of each: 1. The Feds will keep the prime rate low, 2. The Senate might be overturned to Republicans, 3. GDP and unemployment shows no real growth, and 4. Banks are paying back their bailout money.
So lets get started with the deep dive…
Posted on 09 January 2010 by The Don
The 2010 Economic outlook is here and its going to be a great year, it seemed like 2009 was never going to end but it finally has and despite the fact that most of us survived through it, it goes without saying that it was a tough year. For 2010, I am anticipating that the sun will not be shinning through just yet. The storm has passed but the roads are still wet and therefore we now have to drive a bit on wet roads before getting nice roads and sunshine ahead. For the 2010 economic outlook of January, we are going to look at 2009 and talk about the two programs that have helped us come out of this mess, but also look ahead at what is to come next.
Lets get straight in to the 2009 plans that have saved us or perhaps doomed us…
Posted on 17 December 2009 by The Don
We are back with a promising economic forecast for December 2009 and are proud to say that the unemployment rate went slightly down to 10% and based on the November job report only 11,000 jobs were cut. The report also indicates major improvements in the months ahead. The home and auto markets had great increases in November and the global markets are stabilizing as well but what about Dubai?
Posted on 05 November 2009 by The Don
November is a slow month as the winter approaches; the economy starts to slow down in all areas and prepares for a major holiday boom for the retail industry. This month we discuss three main factors that will impact our economy. We will discuss three basis elements that impact our overall growth out of this recession. The first will be the retail sales indicator, followed by the housing and unemployment markets.
Posted on 05 October 2009 by The Don
The Economic Outlook is back and its already October. It’s that time again to take a look at the economy in a nutshell and understand where the month will take us. The big highlight of the month is the G20 summit which is well underway and is not looking very promising, followed by the cost of Gold and finally the troop surge that the generals are asking for in Afghanistan.
Posted on 03 September 2009 by The Don
Its time for September’s Economic outlook and believe it or not, it is promising for once as the economy has already hits bottom. The interest rates continue to remain low, the housing market picked up quite a bit and the consumer spending index has been very promising and positive.
Posted on 04 August 2009 by The Don
The recession continues through August but with an interesting twist. There are three major movements in the economy to look for that will impact August tremendously, these could be huge or could have relatively no impact, its 50/50 at this point.
The first change that is occurring as we speak is the auto industry, which has definitely taken a beating might have found a break. The new Cash for Clunkers stimulus rebate is working and it is working better than any other stimulus. The program also know as CARS is boosting sales like no other promotion ever has. The program was supposed to run for about 2 months but has dried the stimulus funds allocated for it in less than two weeks. The amount of buyers has tripled since the program launched. Me and a family member recently visited a Honda and Toyota dealer and couldn’t get help, we hear sales people telling us they have sold over 120 cars in less than a week. This is fantastic and driving consumer spending, how the government will support the demand if it continues is unknown but likely as for once, something is working and should continue to boost car sales of all makes and models. This is definitely something to continue watching.
Posted on 02 June 2009 by The Don
The economic outlook for June is not looking as promising as last months. Consumer spending took a huge beating in late April and May with figures showing losses of single digits. The housing market on the other hand continues to do well with sales up single digits as well. Unemployment will cross the 9% rate as General Motors announced it Chapter 11 bankruptcy and the world will continue to go round and round.
Posted on 18 May 2009 by The Don
In recent months we have seen small but steady increases in the consumer spending index, which is a great indicator of a moderate recovery. Despite the fact that this alone is not a guarantee of recovery, it is a good indicator of things to come especially as it has a direct correlation with the housing market, the stock market and the consumer confidence index.
Posted on 27 April 2009 by The Don
Posted on 22 April 2009 by The Don
So here we are and the end of April nears. Lets look at some highlights of where we are so far in this economy. This month continues to show overall improvement for the economy but again shows no sign that consistency is here to stay.
| DJIA | 10733.67 | ||
| NASDAQ | 2389.09 | ||
| S&P 500 | 1166.21 | ||
| GOOG | 565.56 |
